Jones Lang LaSalle Retail is the largest third-party regional shopping center management firm in the country with nine regional offices and 20 leasing offices.  Their portfolio is comprised of unique clients and a broad range of retail properties including regional shopping centers, transportation facilities, lifestyle centers, strip malls, power centers and universities, along with redevelopment and ground-up development projects.

“We’re pleased to have Susan and the Jones Lang LaSalle team onboard.  In addition to an outstanding reputation in the industry, Susan’s group possesses a solid understanding of the dynamic Texas market.  We’re eager to see what the future holds for LaCenterra,” says Woody Mann, Jr., President of Vista Equities Group.

LaCenterra is a joint venture of Houston-based Vista Equities Group and Denver-based Amstar Group.  The 34-acre development is located within the 7,400-acre master planned community of Cinco Ranch by Newland Communities.  LaCenterra is the area’s only retail-oriented lifestyle center offering national brands, select restaurants, upscale boutiques, class “A” office space and luxury living (Spring 2009).

Phase I of LaCenterra opened March 1, 2007, with 170,000 sq. ft. of retail space and 90,000 sq. ft. of Class “A” office space.  Construction is scheduled to begin on Phase II in June 2008.  Upon completion in the fall of 2009, Phase II will offer an additional 160,000 sq. ft. of retail space and 252 residential living units.

“LaCenterra is a really exciting project for us and one that we’re delighted to represent,” says Longley. “It’s a stunning center with strong sales in a high-growth market. LaCenterra represents an excellent opportunity for both our leasing team and Jones Lang LaSalle retail partners.”

LaCenterra is located at the intersection of Cinco Ranch Boulevard and the Grand Parkway in Katy, Texas. Project design is by Hermes Architects with construction by Hoar Construction.  Retail leasing is coordinated by Susan Longley of Jones Lang LaSalle, (214) 321-3881.  Office leasing is provided by Lee Jeane and Louann Orlando of CB Richard Ellis, (713) 577-1600.  For additional information on LaCenterra, please visit www.lacenterra.com or the Vista Companies at www.vistahouston.com.

About Vista Equities Group

Vista Equities Group is part of the Vista Companies, a Houston-based real estate services group founded in 1985.  Vista Equities Group focuses on the development of new retail and commercial projects and the acquisition of existing income-producing properties.  Vista Equities’ sister firm, Vista Management Company, provides leasing and property management services for third party owners and Vista’s own investment partnerships. The Vista Companies’ combined portfolio is valued at more than $200 million and includes approximately 1.7 million square feet.  For more information on The Vista Companies, visit www.vistahouston.com.

About Amstar Group

Established in 1987, Amstar Group is one of the leading real estate private equity firms in the United States. The Denver-based company invests nationally in value-add acquisition and development opportunities, often with local partners. In its history Amstar has acquired, developed and sold more than $2 billion of real estate. Amstar’s current portfolio includes a mix of office, multifamily and hospitality holdings in addition to a development pipeline of industrial, multifamily and retail projects. For more information about Amstar Group, visit the company’s website at www.amstargroup.com.